A Three-Ring Circus: Plates on the Floor, or One Rascally Rabbit

President pinned below 40 percent approval, deep bond market anxiety, sovereigntist surges, and a (possible) rabbit in the hat. Less than 30 days out from pivotal U.S. midterm elections, a potentially devastating mix of domestic pocketbook pressures and geopolitical alarm is forcing an administration and a President pinned below 40 percent approval into an aggressive,…

Summer in the rearview, no clear path ahead

Summer is nearly in the rearview, but global conflict is front and center. The flashpoints I last wrote about – from war in Iran and Ukraine to mounting trade battles – continue to test the limits of President Trump’s go to economic and military strategy of coercion.  Tehran and Beijing exemplify these limits. Despite the…

The View from North America: Elbows up, clear eyes.

If you needed proof that the late-August heat gets to everyone, look no further than the U.S.–Canada border. Just one week ago today, negotiators appeared to have a solid trade path forward—yet by Monday, the northern alliance had hit a fever pitch. Between the abrupt U.S. 50% tariff threats on steel and autos, Canadian leaders…

USMCA: Encouraging, but miles (and some politics) to go.

After twenty plus years in country, and over a decade at White & Case here in Mexico City, I can honestly say that if you’re looking to escape the heat where you are, you should consider a long weekend in one of the world’s most amazing cities. And no reason to take my word for it, here’s a…

Summer’s near, but no vacation in sight.

Memorial Day is now behind us and summer just around the corner. The long holiday weekend left Congress with just a few days to take action on the debt limit in order to avoid a catastrophic US government default. This week, President Biden and Republican leadership reached a deal to suspend the debt ceiling, which contains compromises for both political…

Spring in the air, and temperatures rising.

In the wake of Tesla’s decision last month to open a plant in northern Mexico, we’ve seen a modest uptick in the Mexican economy. Mexico’s inflation decreased more than expected last month. Remittances from abroad also rose 11 percent in February over the previous year, and Mexico’s year-on-year automobile production in March increased 13 percent with auto exports rising by…

Three Amigos Summit, check; The road ahead.

Following the feel-good Three Amigos Summit in January, it’s back to the tough work of managing crises and trying to create opportunity in North America.  This past Sunday, well over one hundred thousand Mexicans took to the streets in Mexico City and cities across the country to protest President Andrés Manuel López Obrador’s latest move to undermine the…

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